![ipsx.jpg](https://steemitimages.com/DQmT3kv4uhZUpwHoM72a7R4t4PsQ7uW1nMvN9iqdEXVk5ai/ipsx.jpg)

Data is said to be the new gold of our times. Words like Exabyte and Zettabyte will become more and more common in the database community.  At the backbone of Data Mining and Data Science processes lies a large volume of IPs for the actors involved into the mining process. By substantially lowering the price of IPs and solving the IPs accessibility and availability problems IPSX is targeting to become a key building factor for all the fields that require a larger or smaller volume of IPs that allow complex applications to become more accessible to everyone.

### The Big (I)Picture
IPSX comes from IP Sharing Exchange. IPSX will be a core component for the next layer of the web. Alongside distributed storage and processing tools, IPSX will create the distributed network layer.

The IPs can be used to complete different tasks requiring one or more IPs from different locations. Today, IP addresses are valuable assets with low liquidity levels due to the lack of a simple solution to share/rent IPs based on a specific list of filters. IP resources are supplied by centralized providers who are constrained by private networks, proprietary payment systems, non-profitable fees, inadequate infrastructure.

### The First Level
Individuals or full on Data centers will be able to share their stock device’s IP address online to win real-time IPSX tokens safely. (All connections will be logged on to the blockchain). As a client, you will be able to access in real time different classes of IPs from all around the world and use them for as short as 5 seconds to a whole month depending on your budget and needs.

### The Second Level
IPSX ( https://ip.sx ) will create a framework and a marketplace that allow any business and service providers to build custom-made applications that require a large volume of IPs based on our SDK and APIs. For example, as a VPN provider, you would be able to integrate your system with our SDK to let your clients choose from millions of IPs from all around the world. Thus providing the opportunity for a more curated service to those in need of more custom options.

### Stats about the token sale
Token symbol: IPSX Token 
type: ERC-20 
Hard cap: 10 800 ETH
Tokens for 1 ETH: 70588.23529
Token sale date: 28-Feb-18 
Percentage of Tokens available for sale: 50% 
Project status: In progress of integration with blockchain 
Accepted currencies: ETH

The Company anticipates using 495 million IPSX Tokens over time to incentivize strategic partners (VPN Providers, Data Centers, Data Acquisition and Custom Data Mining companies) to join and use the IPSX Network ecosystem. Over time, the primary goal is to reach broader participation created by these incentive-based grants that will result in a worldwide coverage for the IPSX blockchain. 

IPSX being a utility token it will be used for various transactions among actors inside the IPSX ecosystem. Also, it will be used as governance when the framework for building new applications will be in full effect in the later stages of the project implementation.